What would happen if there were no television? Why would this be good? bad?

If there was no television most of the world would probably go into a state of panic. Most people in the world use TV as their only source of information. Not many people read the news paper any more. People would read books a lot more to pass time and for entertainment, because there is no TV. The only bad thing about not having TV is the funny shows and movies that are on. I guess people would get used to it. I think it would help the world a lot more than hurt. As people would be a lot smarter because we would read more. People would listen to the radio a lot more, which would be funny because not many people listen to it for news. I think sporting events would be less exciting because you really cant see whats going on and happening.